|
<br /> Water Fund
<br /> Monthly Financial Report
<br /> Month Ended March 31, 2007
<br /> MTD YTD Budget Variance % of Budget
<br /> 3/31/07 2007 2007 +(-) Used
<br />Operating Revenue:
<br />Charges for Services 3,976.57 48,824.73 225,000.00 176,175.27 21.70%
<br />Total Operating Revenue 3,976.57 48,824.73 225,000.00 176,175.27 21.70%
<br />Operating Expenses:
<br />Salaries and Benefits 6,358.45 17,804.85 70,000.00 52,195.15 25.44%
<br />Professional Services 50.50 50.50 35,000.00 34,949.50 0.14%
<br />Supplies 1,618.27 11,574.99 55,000.00 43,425.01 21.05%
<br />Other Services and Charges 0.00 1,465.00 6,000.00 4,535.00 24.42%
<br />Utilities 158.72 886.77 3,000.00 2,113.23 29.56%
<br />Depreciation 0.00 0.00 30,500.00 30,500.00 0.00%
<br />Total Operating Expenses 8,185.94 31,782.11 199,500.00 167,717.89 15.93%
<br />OPERATING INCOME (4,209.37) 17,042.62 25,500.00 8,457.38 66.83%
<br />Nonoperating Revenue (Expense)
<br />Interest on Investments 4,456.79 6,495.51 15,000.00 8,504.49 43.30%
<br />Special Assessments 2,576.47 3,687.01 30,000.00 26,312.99 12.29%
<br />Hook up Fees and Unit Charges 4,207.15 12,267.15 35,000.00 22,732.85 35.05%
<br />Other Equipment 0.00 (84.24) 0.00 84.24 0.00%
<br />Interest Expense 0.00 0.00 0.00 0.00 0.00%
<br />Refunds & Reimbursements Rev 72.88 95.07 0.00 (95.07) 0.00%
<br />Refunds & Reimbursements Exp 0.00 (4,759.28) 0.00 4,759.28 0.00%
<br />Total Nonoperating Revenue 11,313.29 17,701.22 80,000.00 62,298.78 22.13%
<br />(Expense)
<br />INCOME BEFORE OPERATING 7,103.92 34,743.84 105,500.00 70,756.16 32.93%
<br />TRANSFERS
<br />OPERATING TRANSFERS OUT 0.00 0.00 0.00 0.00 0.00%
<br />NET INCOME 7,103.92 34,743.84 105,500.00 70,756.16 32.93%
<br />CREDIT FOR DEPRECIATION ON 0.00 0.00 0.00 0.00 0.00%
<br />CONTRIBUTED ASSETS
<br />NET INCREASE IN RETAINED 7,103.92 34,743.84 105,500.00 70,756.16 32.93%
<br />EARNINGS
<br />PREPARED BY:
<br />JOHN MEYER
<br />FINANCE DIRECTOR
<br />
<br />
<br />
<br />
<br />4/9/2007
<br />
<br />3:57 PM
<br />
<br />budget report water 07.xls
<br />
|